What Properties of eUSD Function Similarly to Money?

Money generally has four functions:

• A store of value

• A medium of exchange

• A unit of account

• A standard of deferred payment

eUSD has properties and use cases designed to serve these functions.

• eUSD as a Store of Value

  A store of value is an asset that retains its value over time. Since eUSD is a stablecoin, it is designed to maintain its value even in volatile markets.

• eUSD as a Medium of Exchange

  A medium of exchange is anything that represents a standard of value and facilitates the trade of goods or services. As a stablecoin, eUSD can be used worldwide for transactions.

• eUSD as a Unit of Account

  A unit of account is a standardized measurement of value used to price goods and services (e.g., USD, EUR, YEN). eUSD currently has a target price of 1 USD (1 eUSD = 1 USD). While eUSD is not used as a standard measurement of value outside of the Lybra Protocol, it functions as a unit of account within the protocol and within some other blockchain dApps, where the accounting or pricing of dApp services is in eUSD rather than a fiat currency like USD.

• eUSD as a Standard of Deferred Payment

  eUSD is used to settle debts within the Lybra Protocol (e.g., users utilize eUSD to repay loans and redeem their collateral assets).

• eUSD as an Interest-Bearing Asset

  eUSD holders can receive regular stable interest income on a daily/weekly basis, or they can stake eUSD to provide eUSD/ETH liquidity and earn staking rewards. By offering interest income, eUSD serves as an attractive option for users looking for stable value and potential returns on their holdings.